Third Quarter 2022 Results
CPBS-Europe Mediterranean - 3Q22
Good business drive and strong increase in results.
Commercial activity
Deposits¹
•
Loans: +20.3%1 vs. 3Q21, increased volumes in Poland and Turkey
Deposits: +27.7%1 vs. 3Q21, up in Poland and Turkey
+27.7%1
◆ Ongoing digitalisation
•
3.9 million active digital customers² (+18.2% vs. 30.09.21)
•
TEB's expertise recognised as "Best SME Mobile Banking App"³ and "Best
User Experience Design"³
Limited overall impact from the implementation of IAS 29 and
efficiency of the hedging: +€1m on pre-tax income in 3Q22
Revenues4: €607m
(+30.5% vs. 3Q21)
Strong increase in net interest
income, driven by the growth in
activity and the interest rate
environment
Continued strong growth in fees
(+27.1% vs. 3Q21)
Operating expenses4: €393m
(+11.5% vs. 3Q21)
Increase driven particularly by high
wage inflation
Very positive jaws effect (+19.0 ptsб)
43
33
€bn
3Q21
3Q22
Fees trend
+27.1%6
109
118
€m
3Q21
3Q22
Pre-tax income5: €250m
(+33.5% vs. 3Q21)
1. At constant scope and exchange rates; 2. Perimeter including Turkey, Poland, Morocco and Algeria; 3. 2022 Global Retail Banking Innovation Awards by The Digital Banker 2022 and World's Best Digital Banks Awards 2022 by Global Finance;
4. Including 100% of Private Banking in Turkey and Poland; 5. Including 2/3 of Private Banking in Turkey and Poland; 6. At constant scope and exchanges rates, excluding Turkey at historical exchange rates in accordance with IAS29
BNP PARIBAS
The bank for a changing world
Third quarter 2022 results | 29View entire presentation